COKING COAL DAILY: Premium fob price skyrockets; could be weather fears

Seaborne premium fob index skyrocketed on Monday January 25 following two higher transactions during the day, while the premium cfr price increased on latest transactions also, sources said.

Fastmarkets indices
Premium hard coking coal, fob DBCT: $145.95 per tonne, up $11.96 per tonne
Premium hard coking coal, cfr Jingtang: $212.95 per tonne, up $3.74 per tonne
Hard coking coal, fob DBCT: $107.78 per tonne, up $4.49 per tonne
Hard coking coal, cfr Jingtang: $203.03 per tonne, up $5 per tonne

On Monday January 25, a 75,000-tonne cargo of premium low-volatility hard coking coal, with March 1-10 laycan, was traded at $146.75 per tonne fob...

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